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Weekly Industry Run-Down

May 20, 2021 – May 30, 2021

Intelligent Automation News:

‘SMART TOILET’ on the rise. Some researchers at Duke University are using AI to analyse patient’s stool to determine signs of chronic issues such as inflammatory bowel disease (IBD) and irritable bowel syndrome (IBS).

An Israeli company, AnyClip has raised $47M for its AI video analytics platform. The company started like GIPHY, a Gif company but changed course 5.5 years ago. The company claims its platform uses AI to classify and tag videos and this funding will go a long way in expanding their market.

Sentieo, an AI financial and corporate research platform provider announces a $20M Series B funding. Sentieo provides an AI cloud-based workflow for financial document search, market and alternative data, modelling and analytics etc. You can basically sift through millions of documents with this platform.

DataRobot announces a new initiative, AI for Health Incubator and invites entrepreneurs, companies, institutions to name a few to develop and deploy novel solutions for healthcare

, a provider of iPaas and workflow automation adds new features to its platform to enable teams to unlock the full potential of collaborative workflow automation.

Quickbase, a lowcode provider is partnering with Lucid, a provider of visual collaboration software (Lucidchart) to empower citizen automation. With this collaboration, citizen developers will be able to transform Lucidchart diagrams into fully operational business apps in Quickbase.

Hyro, a provider of conversational AI has nabbed $10.5 million in Series A funding. Participating investors(firms) – Spero Ventures, Twilio Inc. The company intends to use the funds for expansions across key verticals and enhance its Adaptive Communications Platform (customers’ web, mobile and call centre solution).

CallMiner, a provider of conversation analytics announces a new intiaitiave, Open Voice Transcription Standard (OVTS). This programming framework enables organisations to leverage existing or preferred speech recognition vendor with CallMiner.

Google announces 2 big AI announcements at Google I/O; Language Model for Dialogue Applications (LaMDA) and Multitask Unified Model (MUM). With LaMDA, AI systems can have more conversational dialogue – open-ended conversations. MUM is an AI model that boosts understanding of human questions and improves search.

Deliveroo, a UK food delivery service is expanding the use of facial recognition to verify the identities of registered users(drivers). This will prevent the renting or selling of user accounts to unregistered users

Lee’s Famous Recipe(R) Chicken restaurants in Ohio, US is using a High-tech AI assistant to take orders and converse with customers at drive-thrus

Wysa, a mental health app closed a Series A funding round of $5.5M for ’emotionally intelligent’ AI.

Otter.ai, an AI-powered voice transcription service is introducing a new feature, Otter Assistant that can automatically join the Zoom meetings on your calendar, transcribe the conversations and share the notes

EPSoft Technologies, a provider of BPM and Intelligent Automation tools announces the rebranding of its Intelligent Automation Platform from EpSoft Intelligent Automation Platform to E2Flow Platform. This platform features Cloud capabilities(New addition), process intelligence, Low-Code/No-Code RPA and AI amongst others.

CrowdStrike, a security-based provider launches a new workflow automation tool, Falcon Fusion. The company claims the tool will help customers simplify incident investigation, response and remediation capabilities.

MuleSoft, an iPaas company announces the next major release of Anypoint Platform with DataGraph. The rationale behind this release is to enable a developer to instantly discover, access and serve data from multiple existing APIs with a single query, without writing any additional code

Kore.ai, a nocode conversational AI provider launches SmartAssist in Japanese. SmartAssist is an AI-powered contact centre-as-a-service (CCaaS).

Tolani Jaiye-Tikolo
IRPA AI Contributor and Automation News Curator

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